itwpujiMimmi1.1 ijumui'i K7s"r EVJSMKG LED&Mt-PHILADELPHIA, MONDAY, AUGUST 28, IDiU s m W H 1 FINANCIAL NEWS WALL STREET STILL TM PBmQias tmrw JPfiAT RAILROAD STRIKE WILL NOT COME Accumulation of Orders Causes Strength tit Openine- of Market, but Gains Soon Give Way Under Liquidation tUtjh Points ot Today's Ftnaitclttl NetDn Philadelphia bank Hatemtnt for week showed increase of 1 plus. Pnwt movement em from Chicago hampered bu tacit o favorable Julu nilrdad, cartings. November and Deembw' tained at S8 cent, into area showed some labor titlia into war. Cotton prices tagged. tonus and our- it earn. .Willi!, December copper main- JtflXfffrttf fefihris. am1m m.. ........I. . ., vkmnub OllUf U IIM 1FKTIIK 111 PflrntHK!) n t flltUMtllrt t war. Price of bar silver hlnhrf fn ft., vA ... r.,j', . ""," adt'nMces at. sfarf. but reelW nfsv am w.,i'im.j JS UoH. IKtc'fU ttWcejl tell stmruUi n si... .'' ...riV .V." ...... ,.. vw..,,o , lllc wumwiuu 0 iiiumimu . . , , . . , NEW YOllK. Allc. 28. Tho stock market today noted In a surprisingly MeMy manner In view of the general Intercut attached to tho rnllrorttl labor situation. According to vlewn of important Interests, tlio course of the, market for somo tlmo dcpdndB almost wholly on the result which may bo attained tit tha Washington conferences, but confidence has not been Blulkrit by tho diverging positions of tho railroad nmnngerB and labor representatives, and the hope 13 stilt strong that tho question will bo Bottled without a strike. At tho Bomo tlmo there was n more pronounced deposition to Walt for definite rcBUltfl before Inking any positive stcpa on cither Bide ot tho timrltet, and this made UuctuatloiiB comparatively narrow In llio ftcneral lUt throughout tho day. A llttlo strength was ahowtt at tho opening, when an nccumiilntlon of buy ing orders over Sunday wero executed, but theso gains wero quickly lost tinder modcrato liquidation ot tho speculative lines by nervous holders. Theso move tnotUB constituted tho range of market operations In tho geiiernl list throughout tho dayi There wero rallies ftom low loVelft and reactions from advances with out mntcrlally changing quotations nt tho end. Marino issues developed exceptional Btrength, which could be partly nttrlt). utcd to the statements In regard to the extent of tho short Interests In those issues. The common stock roso more than 2 points, malting n now high rccoid, and os followed by tho preferred with an advance of morn than 2 points from Its low prlco of tho morning. Tho motor stocks showed a heavy tone all through tho day, with Willys-Overland reflecting arbitrage selling against mibscrlptlon rights. Tho news of the declaration of war by Rumania had a direct Influence tin Russian exchange, checks on l'ctrogrntl continuing the upward movement of last week and advancing more than 14 to 32, with Inquiry on a large watd for tho Hussion internal GVJs of 192C, which Bold nt $321 per thousand rubles, against recent offers ot largo lots at $300. ' MOST CURB ISSUES SELL AT DECLINES Pronounced Weakness Shown In Motor Stocks Aetna Explo eives One of Fow Exceptions NHW YOnK, Aug. 28. The tone on the Bronil .Street Curb was generally heavy ami nearly nil tho Important ismtcs established lower levels during tho day. 1'ronounccd wonUnens was shown In the motor Issues, with United Motors falling from 021,4 to 0OV4. Chevrolet at tho Earns time dropped from 198 to 104. There was n crumbling away of values to tho Wiliys 'overland subscription privilege, tha rights telling down from 0-1C to 3-1G. Aetna Explosives was exceptionally itrong, moving up from lift to 12J. INDUSTMALS. ma. Aetna Explosives IU',4 Atnerlcati-Ilrltlsli .Mrs... ,... ll American Marconi 3?t Canadian ar Jo s Cm Cftr A vdy wet,.. ".7I.) Chcvrolst Motor" 1UI Curtlss Aerotilnw DtiltKs-Honiniry ..., Emerson rhononropTi HnilT-ll A Tlnrkrr (?(!...., lienden Mnnufncturloir .. Knthodlon Ilronzn prcf... Maxim Munitions llHnhattan Trans, Mluvnlo Htccl ........... Otis lllevfttor Peerless Motors yoole UnElne jBiB Krw w t. 'Mandntil Motors Ftrombrff ., Ututi Motors , Nubtnarlnn Trmnclp Film . ... p.... . .. umifn Aiomrs unltfil l'ront fihnrlng U S L A 11 com.. uo unr ........i Whttr Motors .... WorlU Kllm MO ii a? 2.1 " SH 2 4 11(1 , ivA ii C., 3.!!t a'4 4t, "It H- W'ct llml Cp W JVt Knd 1J: BTANDAUD Oltj ST0CIC3. TtUnofs .. 1T, Ohio .. ... - .............. .7i 1'ralrla rip -IS Ktamlaril nit rMlfornta ITU StandlrJ Oil Now Jvriry MH Etanilaul Oil New York 207 OTllKIt Oil. STOCKS. Cosrftn Oil Coiden Co .... Inter Petrol , Houston Oil .. ......... Midwest Itonnlnc ,... ........... Bapulpa IteflnlnK ....k.. MlNt.N'OSTOCKS. At Milt A MiHMtMlitintMtlHM lluttu Conpcr a Zinc llutto N Y .. frro do 1'nnco rirsc riiiimnni .. tlQTj B8u nr,M(1fl,1 Roldlltld MorKCf it iiccia .Mininu Itowt Hnunil jim. uujier .... do. ut ? .......... fin 1U OS H 5 1-10 j; r.: AUM. 2il r..i Ml lllll :io tlH in nt su i" . xx r.s 2.1 lllll 1UU 7 , 4-IVi ml s; 17(1 2-."S 24 27.T ns.i 2UII 124 11'. 1IIV4 HI (II 10 lO'il New Yovlc Bond Sales Ml ..lllli'i .. Ili'i .. U."H . . IIS .. IM'i ."-; ..1IM . . N'l'l .. HIIJ, ..lllll't .. IHIW .. Ii IN .. K.1, iilmiri ..liitiH .. till. ..mil). st;i 1100(11) Adams niprrna -In . iliuii Aiifr Aar cv S.... 2SIHIO iln 1pIi rm lsiuiii) Anitlo-Pr S Iloilil AincM-'urcliin Sec ." 2110(1(1 Armour Co l!is ... Minn Atchlxon K.-n 4s.... nuuo do i v 4s 1URI 11IIU0 Atrh Trans H I. 4j 41)1111 Atl.in C I. clt 4s... KIIWI Unit & Ohio ."it 21)1111 do 41 2IIIIU iln r.v ',iR lonu nso l' m:&vv .. -mill llrth HIpvI rr.l r.s . . aiiliil llrook 11 T 6s jlilM. lloiii) Can (lot :, lfm.. .2IKMI do 1IKI1 Iliuii) Pont Iath 1st (Is.. louo cent 1'ite 1st is 2IIIIII ClK'S 17IIIIII ftiuii n (llllltlll (M.I It k' o aillil) 06 Ren 4s U.14 1. 1 ii HI Chi M & Ht 1' rrd Mis UllH 11101) do I'ollV M llllpt 2U0I) do cp 0s 1II2 1(100 do ecu 4'4 lilt 40IHI Chi n I A 1' rrd 4s., 7111 uiiiiii . no lis , , . . . . r. i .lion ciev Hh I.ino 4ttn uiiiiii ion (ia conv lis iiiiiii Dot f. lltll CIIUII Detroit Un ted -1 10000 Krlo conv 4i Se liinn III Htcel deli lHuoo I uteri) Met 4i r.llilO Interb U T ret Cs II' (1111(10 do ct 4 '.in IDS', 210011 do w t 1H 117 hliuu iCnn City Ko r. b'il 2:iiiiki l.irka Hterl Ss l3n... lit Kill!) I.acleilo (las rfd ris...l()J 1IIIHI Ih Vol (if it Y 4'4s. 101134 1U0U Uc & M T r.s llltjt IHKH) I.ouli & N'unli 4s II 1 1001) Minn & Ht I. Is ,V.i(i 20000 Mo Kan & T rfd 4.. 01 nuuo .do ris 72 2000 Mo l'ac ct Is 4(5 2ii(i0ii do w 1 4s 114 'I hliuu do it nta .i 47 noon ilo cV ct M ....... 411 2000 do fiH HUT Ml I110011 iln w I hi u;i; linilllll N Y C.& Hil.l Oh ...,112 2IU1I) (lo litis H-H 3111)00 ilo -Is .,,..,.. lid S llliin. I.or. HI 1U2"4 li.'.S lit U.IH IU. Hl.14 JO M'i loo's mi! i 11 1 '-4 K.- lllll. loot. nun in-jC, N7l Cloie. 1)71 H.-iVa lis 11.1 J. lllSi MlVj .s:iv 111111. tmi. ink ion), mo, ni) 10J i K'S U Ohio cv 4VtS. HlU Sit. Hljl, lo (onv 5s I.2J1 112 Jt 112'. 11 (It Went 4S .... li'A I)!' 4 0:1 .1 11 & q joint 4s.. iim iitj, 117; 112). 1II2 101 71'i H7 '.l! Kill1. 102J 11 Il'i 4Hn..HioSt louli lou'i Is ...122. 122J. 122J. f, B1..I11SU lliS' lo.-.'i Hs .. 7tiJ 711J4 711?. limn 111 ritcei don 4iiS. ... inn 111V4 . ,;i'i ronv. r ',i 4001) n Y city "! II. no iik ,. iimhn ll.fAn.Inn ............. n ,-,.,-T: l'.-L..L -, J.uiviiucjr-L'itrriiHii . '' ,, Ismna Copuer l.y.i Mines Cn nt America ........... - 7S Uxtcnslon ......... J,, U.4 Nlnl;lnK Mines Co nan toy Ht Jol.-uh IJ-Kil ...... West llnil Cpnsiillilatcd Whlto Oftl Cfrra At V&ncq Ct fiiavrm htei o .... Hiif ilnn OH a ,,... Kflw lirlt 0 ,..,,,.. K0ND3. iiti Iim). vu R7 nt 01 111 ..III 7I IS III ft 7 Via 'sua FOREIGN EXCHANGE NHW YOnK. Aug, 28. Up to tho end of the first hour of business today Quotations on rubles were unobtainable. The demand ra urgent, After tho close on Saturday the quotation worked up to a new high of it, as compared with 51,30 and 31,56 at tho opening-. Othorwisa tho mnrltet was featureless and without appreciable chance from final flgurs of last week. Quotations: Demand stcrllne 4.75 U10 04.7Ei cables 4,78 7-18, 00-lay bills 4.71, 90-day 0uis 4.09HI frano cables 8.80W, checks 6.3014 : relchwnarks cables 1i, checks 71 IM61 lire cables MS. . checks 6.48H Bwlss cables 0.28 ',4, checks M3U: Vienna cables 18.33, checks U.30; Scandinavian kroner 28.80, checks 28.70: pesetas cables 20.24, clieclo 20.17 : Builders cables 41K less 1-16. checks 41 U, Tha marked strength In rtusalan exchange Is attributed to tha developments to follow the active participation of llumanla In the great European conflict. This departure was clearly foreshadowed la week. One Important result of Itumahla's declaration fqr tho Allies will bo tha opening up of fr export facilities for the vast amount of t Russian grain, estimated In the hundreds Of millions of bushels. In mid-afternoon francs wero & shadsj aler at 5.90H for cables and B.90n i'or checks. Rubles held at top flmiras (f the day, 31WQ32. Th txtrema low for this claw of exchange was 29, several months "30. Otherwise the mark.t was unchanged at 4.T5 11-161.754 for demand t'.rrlliig, checks 4.7? 7-16 1 relchmarks cables 71.11.16, checks 71 , anion i iiiiu limn 1IIIM1 N loooil K 4IIII0II N" 1 lllilO Vnpf auiiil Nop l'ao iiiiiii ,10 epn Wlim Pennn gen 7.1 U7i lush 1)7 RU?i lit ni2 nun. nip. I)4V. r.oii hi op, 47 411 ll'l ti.lU 111. 4..... I'" 7. .!'".. lull iiiiH. Ion 1. nnu ...inii4 inn 111(1(1 1II24 1II2, 414 rnov iii.it.. .int., i"l Nil A II lis ....1J2J. iif. Hwy sdj 9s .... f.7-X 67". TelCTn 4)4 ... H7S i7?t ft We.t 4 t'2,'. ii,V l'ao tirlor 4 iim piji IIIIIII III) ell 4Hn... 1M4H 10 H. join) l'ubile Berv N i Os,., !)'.., BS Iiiiiii) IteaUlnir Ken 4s II.'U 0.1 ill)' nuuo Itepub Cu 4'.4s. .mill. fill, a mono do ns luu t Dim IIIIIII HI J, 1 M 6Z M UIE -IS.. HIT. 2TOI1II SI li : 1' UJB W 1... Mil nuoo do Ren rt 4s ...... 7U. i 2001)0 On pen et stu 4s... '.on 2110011 iln Set A w I iisli Kll l)0't Nl4. sn liN4 71 mil 7.1 V, 117. lus, U7 Ill 10-' HH)"l IUITs IMS, r.o'i (ii IS 4-7 " 41 ll'l ."'! H24 .mi's lllilH luu. 1II2S ins lli'i r.7"i 1174 1)2 H Dili (1SJ5 iuiH jij i U'JJI Hl4 H.IU T-ft IITT4 liuiiil do In y I ....,,.. 0I M .M 1200(1 Co l'so.ev ret t u fls..iyiji lot lot 2IHKI ISoUtll lfrV BCIl 4s... 714 111 ,714 lnoiiil ilo con (is... lul'k lill HI 2000 Tenn C ret t P 1)2. OJH u:H .'noli Texas Co L'V lis HUN loin 10IN liiooi) Third Ae 1st Os 101 111 U" tt lliflU iiiiiii no nuj.os ri.. .ii' ' llllllll) U H Ht'el lUn ., IIIIIII Onlun 1'aq 1st 4s. Tiiiiu no rm 4s ..,. 110U0 Un Ilwis H li 4s iml tn ..il'H ... put. un I.IIUII Va ('nr Ohm 1st As VIIUII Vll I(V1 101.0 AVsbnsh ,vy lis , . ISC OS ,, r.llilll M'a1i.1' T 1st ct Jy .20011 West Electric ns 20U0 West MJ 1st 4s... ... 3 1 ... "'U '.i!5.', 111 VI . 1. jn lor, uiiH no 34 IIHI loaif loivt 72 lo.iu lJJij 72 COTTON STARTS WELL, BUT SOON DECLINES Realizing Results in Loss Early Gain of 10 to 1G Points of COTTON JlfXT WIUTIIKK CONDITIONS. NK1V VtlltK. Aut. SS. Sratterrd sliow iru in Ac. as uhu RATES FOK JLONEV Kw York Wld,)i,hl4' Tims, VS liJ Call. .MtlMtlffMMtl J - j fc'IIV'"!""""" U4 4 W ,.,,,,,,,..,,,ll . w - r - M ComtiHrcUl ppr. three W sis tnhtb. J'WI4 atlphliv. i'.i li At per cent. BANK CLEARINGS Dny clear In ts. today compared with corfe- -uu.u4i H ! J"" "",,.,. 1014, ... ?i .r0.1.?.- u.n ..n'ilS & t)IU, ins.: 'in siu.Wi.aso I!?.4l5i2: tn : :. iii.HtTi.-iJ .14 i!tt 591 .K-KS-W (l.a:il 2.1? :os.(n w i; ' 17.UT4.64'J tin Y.A t. Louis ,.,,J1 2rt n.oiu.Q'JS .430 11 J3I NEW YORK BUTTER AND EGGS Mntv ..,... ..... uuin-KH nvlpts. Mvv N.. cUstute in iiaotattoBf. .. -i ws.ipii, in a eawJhij;.,.-'hV;iV 101D2 ll J- SHKl'- tradln Wbit feu, Tuu and Uklnhumu, nl.o In Arkansas,, but itntrally riwr cun ilitlons prctalled la llio eastern section of ers wfin.ri'i"" Hie cation belt. Tils II Oklahoma l.lllla Itnrl Nu.llTill,. QS Nmlth (.'huttanooj lonio ml unit ... Tlis following tenJPernrorfl were reiiorifat klahoma. fiXl Aslievllle. 4t Abllen. Oil e ItorK. fori, norm JiniimJi!'"","'j ultls, 03 1 rihreMr, Drl ,1:1a. ror li, Vlckiburr, Meridian, I Irmlusliaiu, nqova rdu lhosviiic. .wt fc "f " ill Moron nnd .AMiuta. 741 3Ipnt- llllllll l. W.WM ........ suintri Ajisnia. .iiui.isi sioous. unit Tainua TlioiiiH. villa and tiaranuuli. ClirUtl. New Orlf.-us. jurk.oinllle. Oi 781 1'enftiroU, uai.es I 'npniiM llnilnston and ,0There wns-0S Inrh or nrtelplwllji. ? Atllenf" HalTAntonlo nhd ti.t Mmlth. .14 in J Auiu.l4.Md .oYjncU at l.i n.o. KRW yonif. Aue. 28. Much of the tre mendous advance ot Liverpool, mountlns St oro tirte to about 44 point- over close there, or twica as much as due, was fo beSire'tha opening of tha . !t.j.k. ...ii. mr.mlnir.iTh a was largely On Account ot Wins In Oklahoma ana Texas. Which caused actlva real tine. The etart ncre. noveiuicicua. - - active and 10 to 1 lrainta net higher, rol lowul by sharp reactions at ths end ot th Aral 0 minutes, durlnir which all Ot the earlier advance 'was lost. The early sale her wl tor Liverpool and the trade, but very heavy reallflnu took placa on tha up, turn, partly due to predictions for ehowefa and cooler In the eastern belt. ,,..,. Prices broke to a net loss ot 4 ,0 l Dohits befora the end of the first hour, wim December contracts Mlllns oft rrom 16 Q3 to ill tli or about it points under the hito level ot the morning-.- There, seemed to be a feeling1, however, that the decline In Liverpool had not re flected any weakness In the general situation and prices here steadied up 6 ot t points ?rom the lowest during the middle of the The selling movement tapered off late Ih the morning and the market showed rallies of some 9 or 10 points from tha lowost shortly after midday. vriSH Yr-ffl i ji jam io.ua i i u t ii - 1 ii -i n - ii I hi I 1 " ' I New York Stock Sates ..., Lost eloe. High. tow. MlilHtoi.ii,,,,,,,,,, 62'f filil 61 All lltimltj-i,.. .,.,. H 14 ii A A.k.Wtlolil;M, ,,,,., v,i ;H 7H Aljskft tloitt M mi 10 10!f J0! Allli CfinlmfM Mfa M,i 7Sf 78! iS'i Am A ChemlealiKtiiit 77i 7714 77)4 Am llMlSuuafu,,,,,,,, 0 Ml F74 AM Udn,,, ii, ,,,, cu 00 mt Am fMihi,,,iiii( liiMil Am Oat ft Filyinu.,., 1)2 02)1 01 Am Hide A LeMhor ,u K) 10 ! Am itMos iihf,,,, mH fii, fil'f Am Ice Peciif.tloJiiiiui 20 2,W 27)1 Am l.ociimollre,n.i,(.. 70)i "7 70 Am mcllliu A Itef ..ii tm't 00'i t'8'. Aln Steel rotlnitf.H,,,., ftl At t,l Am sugar itcrihltii! hr.nllil 111 ill) Cloe. Wi 14 VA inx 7B 77)4 87 mn vh m ii:i Atii'lviftTel lnilv 10114 i:ill 101'j CO ...1.222 2214 eai 1 U2I u 10SK ll)3)t 44(j -1414 !27)J 27)4 iW'i :i3) 0.V1 G0I1 HS4 Mt 7U 7i) Am TotMecO., ..,.,.. .1, 222 221)4 Altl TOI) M hJW,..,,..lll7H 1 8)1 Am Woo'cn. ...... mi., 44 4Ut Am Writifitt l nr 27 27)1 Am Zinc li A Hm. ,..... o:t!4 01)4 Am Zinc 1, &fim lif..., 05)4 CO I AllftCoiiiln Cop M. .,..!. 80 HO AdSoclillO I till .......... T'HJ 7ll AlchiopAH V 101)4 la1 lO'lJi MVl AtchT A3 V titi..... Ill tlDU 00 All Itiilf ft W t .7lJ 733S Til IIaIiI I,ofrt Wotks. ..... 80)i Wlh "S'4 Hull ft Olito ,.M N7 MH llftlt ,0!ilonf.. 72'4 7.1'f .'04 llfooltiyn ItapTfiii.t.i 83' 4 Hi 8" llnrn Itruit ,,,,., 7,-, 7fi!4 73' 1 f.M I'elroleiim.i ( 18 IS IS Cctitr.tl Leather ........ A7 t,1 filHI (Vnt lftlhur pf ....... H2 li:i( )l:i4 Otiamltcr Motor 100 10.1 10) Clips A Ohio.... Ol'f 01)4 01' Cnl Mil ft at l'ntil...., 111)4 111)8 01 Chi A N'otthnMtcfti ,...127 127 1204 Chi 81 l'Atil M AO pf.ilIM 1110 130 Clfi III A l'aclttc. ,,... 17)4 17)4 17U Ohllo Copper.,.,.,,,.,,, 20 211)1 20)4 Chliio Connor.. ft) ftl'f Ml Clitdlt I'ealiodr ACo... 71 71 70'4 Col l'tiel A Iron .,,i 48)4 HR! 47)1 CoHitit T lire Co 41 41)4 4l COhtlnrM.ll Can........ 1)7 U0'4 l'n, Conllncnlal Ih.. f,i fil'l M)4 Corn l'roiliicU Itcf ll!i lt'i 11)4 Crucible Steel ...77 78 VfiJS Cuba Cano Hucar CB't C."i W)4 Cuba Cnno Sugar pf 11.1 Ul'4 01)4 lllitlll 8cc Currotalloii.. 4W4 411 4fiU Dome Mlnci 2.1 !M'4 2li I'tlo 07)4 07)4 .".li'S i.tii) ui pr r,:i) r,:ii5 ri2( (Icncrnl Dlerttlc 171 (Ictierat Mutors pr. 120 (looilflcli 1) ' 72 (iooilrlch II F)t 110)4 (Ifanby Contol.,,, r-.SJi (I N cfs for oto prop,,.. 08)4 urocniM'ananca 47 llllnoH C'chtral.. lns) Con Cop.,, Int ltarv Corp'n ,., 70 Hit Con Cor v t c s!i... 17 Hit t'apcr 104 lot Paper pr 71 Int Nickel v t ch.. 41'5 Hit M M C ol tin.. :i8) Int M ii pre or tip.... ()!)) U)Vi Jewel Tea 83 Ml?4 Jewel Tea pf Ill) lll't 171J4 100K 122 If.) 73' 4 701 4 Hit 78' ( 18 firt)4 llOli 10.1 011 01 120)4 l:ii) 17J4 20)4 a:i)4 70)4 48)4 41)4 tm( Dm uii 704 f.l 1)1)4 4fi'4 21)1 07 r.:Ui 170 V2Vi. 122 12 71 71M 11.1)4 ll.'lU ll.'l'i 88 87 87 08 OS 08 .1I1U 40t 10) ...101)4 1111)1 101)4 101)4 fiOJ4 ()IIi rm!! r,l) 78 ir.4 rj4 71 41)4 42 Kan ntj .Southern. Kelly Sprlns Tiro Kenneeolt Copper Lack MM Leo Itulill.T Tiro LehlRli Valley LlRCett A Mycr.-pf..! Irillanl 1' Co Manhattan Kiev etJ... Maxttill Motors. .. 2.") .. 7P3 .. f,()!l .. 70)1 .. 45!$ .i 80-t ...121 ..2.IOJ4 2.1!) ..120)4 128)1 &IJi 1!.V. 71 CO' 4 70'i 41 HI 122 Mnu.dl Motors 1st Ui.. W,i May Deptstcrcs r,0!4 Mexican lVtro!c:im.....,l().m y."!fi 44 l'i 40! i my, 2.1 10J4 Miami Ccpjier. Mlnwuri l'aclflc.... M l'ac tr ch Mo l'ac if u' I Montana Power .... Nat Knani A b Co. Ncv Con Con...... New YoK Air Jlrako. .. .107 New orl: CVntrai.... N V N II A II N Y 0 A West Norfolk A Wcjt pf ... Norfolk Southern...... Northern l'aclflc lYhlia Kallroail IMIls Coal Co N J..., 1'ltls Coiil c of dp ..,, I'rcwcd Steel Car Co . Pullman CO Ity htcol Kp Co Itay Con Coppor.,.,., Itcadlns.. KepiiMIc Iron A S .,., Kcpublic Iron A 8 pr. Fears Itoo A Co., Shat Arljt Cupper..,.. bouthern 1'aclllc Southern Ity Sou I hern Ity pf Studcbakcr Co , Tenn Copper. Tobacco 1'roductj Under Typcwr Union IIdl' A 1 pf.... United I'mlt Union l'aclflc Union l'aclflc pf U 8 UI 1' A If U HOI 1' Al'pf...., UHInil Alcohol US ItubK'r UrJrlm It AM U 8 Ml eel Corp'n...... U b Steel Corp'n pf. .. Utah Copper Wabash, Kl 5 80' 4 01 105 35)4 4'j 4'i 40 02)4 25 II)!, 107 101! i 1014 . rm t 5U14 . 27)4 20'1 . 80) i 80)1 . 2.) 2.1 .111)4 HI 53i 55)1 0 . 27)4 . r,-Mi .107 . 40)4 . 25' i 10014 .. f.'l! .110)4 ilill . 2014 . 08!i . 23'-3 . 07)5 .127 . 2734 .1) 20'i 52) i 100)1 40)4 2..)i 100)1 Ml i '8 10!4 15!4 71 40! 4 08' J 08' 4 87)4 110 2.V1 71 40' 5 70' i 41 8UI4 207 121 82 80)4 01 10.V4 05 0'4 4 10 I2' 2I lll'l i:io;i 1I1 50!,' 20! i 80)4 20 llOJi 55! 1 IP) 20' f 52)4 78 10'4 15)4 71 41 414 100)4 h'))l lll'j 25!J 71 4II'S 70'1 41 80' i 122 200 128 82' 4 80)1 01 103)4 05 0J4 1 40 02)4 21l 10 J 1 130)4 101)1 f.oj,' 20)4 81J4 2.1 110)4 C5)i 2!) 20)1 ff-'J 110! t ICO) I 45)4 45)4 20 25)4 105)1 i.IOJ . 40 .105 .111)4 . 82)4 . 20 . CO .113 . 57 . 71)4 . 1)7 J 4 .118 . K'l 13)4 lOlii 52. (.0). 1134 iri'4 113li 210 207 it)7 20 20 US.'i llS'l 21)4 Ni 08)4 08 12014 1211 274 20i 47 4'1 101 40)4 IIM lU 82 20 5) 110 SI 70 1 5)i Wabash pf A 40)4 Wabash pflJ 27 Wat H AM GO Weitcrn Mary.and 20)4 tthec A Uku l.'ric 4)4 Willy Ori'ftaiid 47)4 Willys Oierl-nd pr 105 Worthlnatoa I'uitip 'MH Worth l'um;i pi 11 50)4 101 45i 10531 11DS hXi 20 CO 111 fifi'4 70)4 07)1 118 82)4 13)i 40)4 27 00 2S)4 lis 47 10134 01)4 00)4 20 03". 2.1)4 0S)4 12i)4 27)4 47 101 15)4 105 111 82 20 53 111)4 60)4 70!1 uit.'-i 11734 117)4 S21S 82,'i 10) i 1'J 20 i CD 2731 14. 4134 loii 4'J 2014 C'Jjj 2734 4)i 4014 101)4 101)1 30)4 00)1 COW C034 SO .R'o-J sir. (13.1.001) sliarcj hint .llondar, sliurrs. conitiareil itllli NEW YORK COFFER MARKET NUW YOIUC, Aut'. 28. Tim marlict for cuffeo futures opened firm nt an advance of 10 to 12 points. Trading on the call was active, with talcs amounting to 10,500 uags. August, .. Heiiteniber icioiier 1 November jjtcenttier Today's Upetilui;, .... ... 1. . ........... .((.. ... .............. (90.10 ...... ll.S.l g .,,,.. u.?u i.V.iso.to ceoil'fr .Jj.-I.l nusrV ................ll.lll 'obruary ,,,,...,, u.4a -a ilnrc April ay June July UI1. .... V.UUIfll.liU . ................. ,...-,,. ., I U.UIOU.IU ....... . I. f...f., ...... .. b:u Rat, Close. ii..itAli..lJ n.alWii..i-' 1).:iJmii.: .1 l!::lfl!li' V-k. 'iH p.r.-j iii.ii 11.1,'jAo ui (tfU.CS u.ui . Liverpool Cotton LlVUltrOOU Aug;. 28 Spot cotton today nd winced 43 points, to a basis of U.I8J. for mld-uplanda. The enlea agureguted EUOO bales. Including 3000 bnles American. The Imports wero 13,000 bales, including 7000 bales American. The marltet for fu'urea closed feverish and unsettled at a net .line of S points to an advance of C points. liVdiUr .. 3 Sll JlllM Has ....;.; H.i at lo.u..?o Am SeSt .. .tmti.Si , J5.1W Condition of U. S. Treasury WASHINGTON, Aug. 28. The condition of tha United States Treasury, according to a statement Issued today, was as fol lows: Net balance in general fund, 1203, 514,977; total receipts. 456,801,416; total disbursements, 174,837,680; deficit for the year, 831,858.638, exclusive of the Panama Canal and public debt transactions. Clliu. Markets uuAqo, au, s.-notis ntceipu. 20.0011. sicuujr. aiiim anu uuuners. Iiu. l.w opd heavy. 10tjli).2.1i Jlgush Levy. lt.lat IlKht. T,4(inu.0ui visit. LIVE STOCK QUOTATIONS IUAOC ,ts sti iiii.lii&ii. PlTTI.i1. -r"..f" sac ninr. i heirers. IJ.llSfe. 7.7111 Texiinu. S Hbtep llecelpi wiser, n.uvi ju.jaii.io. CATTI.il Itecelpts. 12.UOO. ... tlirkets. 101 ner. . li.evee. so.UHflu.uni cows un.l DIVIDENDS DECLARED Utah Apes. C6.DDef Comtiahy J4 cent a hi uaui oBi(mMr su lo oc or recan i.4uur ... ue. nrsvigus uivuena 01 dte 3 ct-uU ItllKr SU fa mtnc Tb BrwvlQUK dlvlt Tyrrnlna I IVa rohntista f!nmnAnV monthly flf 20 cfota a ihart, ,Vttbw T 13 ID hilrtarsi nt ruriri SjntsRiLtir ll. .itfsiL . Wi-ori Tobacco romoaDk. rcvu: jaiy ei a 1 to holds Myers 1 alils OcCgber S to slock t,t reeonl aenumbfr IS, Yts uald 1'ilisoursi luntr. lirc.lt A qiiurterly 1U iksr cent on prerenal slock pav- reitu: September 1 u Urooklyn Rapid Transit, regular Quarterly ot IH Per irat. payable Oslotr li to slack of rec ora (September U. isprui uu (.'ampaoy, Ltd.. II a. snire. pay. ils Septemter $ iiituca oi retord AUTt 18. WHEAT PRICES TAKE SENSATIONAL 'DROP Lose 914 to 11V4 ns Rtiirianirt Enters W.ai and Railroad Crisis Approaches brain nnt.T ivn.Tiir.ti FonrcAST , rillt'AtiU. Ans, iS. Tim rntlier forrrast for.the.nett 3(1. hours tollimsi Illlnnl. nml Ml.knurt 1'iilr tonlslit nnd tomorrow, nrmrr tonmrrnir north nml nrpt. n Isronsln Knlr nml wnrmrr (anient. to morrow nnrlly (lomlr. urnrmrr east nnd snntli. .Mlnne.otorirnrrnllr.fnir tnnUtit nml to nmrrow. unrmrr tonight nnil snntlir.i.t xiif.ilnr. Jllnnr.illp (IcnrrnlW fnlr tonlclit nml to morrow, nnriner lonlrlit nml snnlliriist Tnrs- ray. rnnirr.iioriiiHf.t inmorrniv. iotrn-"i-iiir nml nnrmrr tnnlnlit nnil morrow. . . . rtn unknliv to- ortl 1'nlr tonlslit nnd nrnliiMy rmrr tnnlitlit ur.t nnil south. tomorrow, mi Slkhtlr rnnlpp Innlnrrnn. South llit!intrt.- iilr Innltthr nml tomor- rny, nnrinrr lonicni, noniime.i lomorrnw. iimn. 1 mr 1 niorrow. ' ntul nnrmrr lonUlit nnil to CIItrAtlO, Allij. 28. Kcn-atlonal locs Were I'ecotdcd In the wheat market, (Sep tember nt nuo Mine RhoivltiB a dccllnn df II He ftlltl ctorctl only He nl.ovc the lnnesl, Wlilln December wrts down 10i,jc. nnd ended With a tors ot Df. Tlicto wni (tcllcrrtlly tinlondlps of the most recent litiycfn 1U10 to tho ilcriar.itlon of Mar oh AllMlln.lIunfinly by Uuinanla Jind llio rnllroiid labor Rlllirtlliin. it nm the dfflnlfttloti nt tile best trnln Intcici-lK III the city that tho lilnrl.-ot today v.'na about llio worst tho llonid tit Trade lind cVcr ex licrlcnccd, At tho eleventh hour litvcstorn throw over Ihcir IiolilltiRi nml Iniyera worn extremely hard tn nml. Thn opInKilI picVnlldit that with llio entrance of ltumnlila Into tho Kucupean culitllct tho Linrilnncllea lrtlRtit ho tipched ationcr tlian tilliciwisp, while a utrllto on tlio transportation lines of this country would lie telloclcd In Brain by the linrnlysli nt movements to the pen bnnrtl, except tluouali rntinillntt clinlmcli. which nro already Inrnely nvcrtaxed by tho Rlitpmeiilrt of munitions of war. As foreinners hnvo been the laiRest bliyera recently mid have been responsible for the extraordinary nthnnco In wheat, there wna fear expressed that a ntrlho Wnlild stop these purchnse.s, nnd tlii.-t w-ns borne out lo sonic extent by' thn fact that ninny of tho Interests which hnd recently been acting for exporters withdrew nil their bids and orders nnd aided to lltlscttlo tho trade still further. Nlup-loss orders wero uncovered, nnd nt arlous timed the marltet was thoroughly tlcinornllzed. Hhotts ami commission houses took some wheat oil tho bleak, hilt as a rule the buyers weld Inclined to bo timid nnd there was a KCneral disposition to nwalt lunro definite information regard ng devel opments In tho llnllinns. I.c aillnrr futures mused ns Wheal Oprn Selitenilicr . I.lli Hercmber . l.Ti May l.r.r. t , (llnlil ilntll rttl - 1SSWIT Vll'llllll T. llleli. follows: Kn(nri1lM T.11W. rlo.e. close. HcMeinlirr iifietnlier . May liils Seiitember licetnlier . .May i.irJ Seiitml)er, Octolier . . January . ltlLis September October .. January .. 1'olk Heptembcr I )i tntier Ucrember N.U 7 1 J. 7H. 4C,n lli"i. Ti!t 14.13 11.17 l:i. H7 14. as II.IU 1L-.7.I 27.0.-. i'ii.iit :.i.u i.iii'.l i. 41114 j.4iiVx l.r.n. 1..-.J t.4iik j.in 1..-.4 1..1.I 1.4Urt. l.tu 1..-.11 ti'i fl'J'i UIil. tAskcd. Till 7hS 47J nn C3'l 11. ir. 11. l'ii 1.1.H7 11. .12 11.11: 27.20 Sil.Vtil 23. 13 dltl I7J1 It'. 1H.S7 la nn U.SJ ll; M7fi 1.1U, M3.R7 1:1 llll tl3.3.-. 13.117 MI.17 13.1I0 M3.UO 27.0.1 23.11" 23.2U 27.17 23 117 23.33 8H 7S 411 411. 33Vi 11.13 1 1.2H 13.8.1 11. In 14. in 12.hu 27.nr. 211.111 23.25 PHILADELPHIA MARKETS GHAIN AND FLOUR WltHAT llecelpls. 101.300 bush. There was n ileillnu ot he In this market, ilue to n less nctlo demnnil nnJ lower outslili nilvlcts. Quo tations: Cor lots. In export elevn lor -No. 2 reil, snot. 11 4:i01. 1(1: No. 2 Southern red. M.llWl III slenmer No. 2 red, il.liiOl.43; No. .1 reil. tl.inni Jl. rejected A, jt.3701.4Ui rejected II. 11.31W1.37. COItN llecelins. J. '.483 bush. Trails was nulet and prices were He lower. Quotations: Car lots for local irmle, as to locntlon Wistern No. Nn. 2 lellow, U'llfc Qrli71sei do, steamer ellow. H,-i!5li0ftc: do No. 3 yellow, DJtt (lUltte: do. Mb. 4 jclloir. P0U 0Ul4r. OATH Itecelpts. 12.217 hush. Offerlnes wera Unlit and tnarket ruled steady thounh nulet. Quo tations: No. 2 white. ri:!4lG3Hr; siandard white. n'JK.VJlic: No. U white, flol 'rallies No. 4 white, 4l)(i.iiici sample cats, 4(lj47e. ri.lHUl lleeelula. 470.1)02 lbs. In sacks. There was llttlo traillmc nnd prices wero whpljv. nom- (luotniionst i'er inn ins. in wooti wini III V.I.DH nut no. lnnl. clear, inienr, III 7.1W7I 7..1II! do. sprlmr. llrst clear. Jll.r.Ut7,IU "do! IMI Iim. In wni utrulriii. I'1.7.1lUT! tOT.tiO. Kimsaa. rip.ir. rntton war kit, do. fitralcht. cotton itack. $T.- pa tent i rntton hiickh, J7.7.iWHJ.i: tit(nt. $7.n (I'.I '.Ti tin. fnvortto hrnmlH. IH.r,l)i31).10: rltv mlllu. rhofco nnd fnnrv imtrnt. JH.rillif 0.11): ltv mllU. freul.ir BrniMn Wlntpr, rlear. HI M ti.iiu; uo, Btramnt, lU.tWTt uo, patent, 7 i.itu nn nvn vtjnvrt w in litit flul"t. Wfl nuotn Jim bbl. and western nt fOV7 Btnflll nupplvftml firm rnrby at JUOU.00 per PROVISIONS The market ruld firm, with n fnlr Jobhlnn rte mu nd. Following nro tho ouutatlonat City heef, In nets, amokotl utitl nlr dried. yc wrat eru Itoef. In net". Hmoked. l!o, city Itef, knuckltB nnd ti'tnlcra, ttmokM and nlr dried. 'l)c; weateril vet, Unucklff nnd tenders, KmuKiMl, L'iic; heef hams. SUHft.'tQ; iork. family. IliSjH.Mi; Jul ma. B. 1. curril, Inono. 1H1 P IS",', r : do. Hktrined. loose. ltlU fi20ci do. do. amol.ed, 10'i CdJlc; other hams, mnnkeil. city to brand nnd nyeraice, rurpd. iimoked. Western cured. lttVici do, picnic Riiouuu "S'lei Rhniiliinrti 4ot do, smoked. Kci helllea, 111 pick It? I. tKifleil bona' u, lonitj, .inn, H. I. curei lnuj" lo alerace Ions?, lll'fcci brenkfmt h Xq brand nnd a.erace. city cured. aJct 1 estorn cured -li re-pa. janes do. city. kftUo rpjulc o. In luti.n l.iHc si lard. Art .In t Icred. In tierce nrcoril mcon nrj brakfnst western, re- uus, lnoi alio: bacon, western nne'l. tlerc lard, punt du. do. uo UEFINED SUGARS The marltet was quiet, hut steady, rteflners' list iirltrsi llxtrn (Ins Hrnnulated, 7ci nowdered. 7.1()u. lonfectlnuers' A. U.Upu; soft crudea, 0.25 UU.BOc. DAIRY PRODUCTS nilTTrm Tha market for fancy, stock, ruled steady under lletil offerings, but buyers wero oneruiinir oniy lor nciusi whiu. uuuiiiihuiis suilU'IiatHru creuiii- nru bi folluwsi Western cry. fancy specials .1.1c. I extra, ll ruts. jJKf.UMc: .iirsis, nine au'.kc 3JUaio; extrn I numn. J 'Hi LI Oil fancy. AMct do, nvpr.iir prlntv in iafi. n BMZi:itf iprnniK. air; johblnK aalev nf fancy prints, IWi&Mc. naUHHtrlctly fine ew wefo In Mood ten. nnd rtrm. Hth suppIli'M welt under con rholre ne.irby stock was 15030c per case hltj Quothtlonst In Jre iobm. neiirby extra. per uoz.s nearuy iiraiu. auvu.uw iw inn caset firsts nearby current receipts. exiniB, u-u t tS 7(M0 3() per (xlrn I 18.106 10 PT TA1 tfTIiniCMK- nf'erliiHB and ta8dt fancy IT.U.-iOb.O.l ner uo. i wesiern fat do, Hrsts lecteu candled h rcn wrp lobulnR ; ino inarKei lit tl HUni mm "fair xS 'Sa: li'tflS York, full cream uo, hltrheri klms. H) fancy. nt !Mf.9:i7rt nr dnz. ".-.' WA.. '.. i - .T". ruieu nrm unuer iigni pte a In nr fair demdiia. uuoiauons; ion y 'lUc. specials pari POULTRY VE There was Rood demand for desirable and tha market was generally firmer row Is. Btnrk. iHffl htti.. rnni0eii. litfMSo: snrinit chickens. according to nualltV, WelshlniT ,1 O'l lbs. and over anlece, 2Jw24as sprlnir chickens, smaller cites 2un21!ct whte Leghrns, according to uuallty, IBW'-'lOi ducks, us to sliu und iiu4llly. 13ilfci Dlirenns. old. per pair, 23U2So dn. jrounir. tier pair. lB22e. l)UU.Sdl:U Ihe market ruled firm under light offerlnss and a. fair demand. Quotations) l'resh-killed. dry jiaiked ffnls.. 12 to'lips. dry picked, fancy selected. 23Hci do. welnhlnir 4Vj S lbs. uplece. 23ci do. 4 llw. apiece. 33c: do. aVi lbs. apiece. 22c l do. 3 lbs. apiece. 2(1 Olite. Kowts. In bbl... Ira packed, fancy, dry picked Northern Indiana, and Illinois, welsh nur 4 OS lbs, apiece. ilJWci Houthern Indiana and Illinois, weighing 4 OS lbs. uplece, 2.c; smaller slues. Mf2lc Did roosters, dry-nloked. JBc llrollinx chickens. Illinois. Urse. ijBtJ'JOc; do. Indiana, larse. 212Sc; do. small sties. 22023c. Broilers, Jersey, .fancy. inW?-ct broilers, other nearby, vtelshlns 1V4.W2 lbs. apiece. 23 W. too: broilers, nearuy. smaller sites, Cll2Ic, UUcks. nearby, it film. ,)UUJUc Huuabs. per doten white, weunina ii lbs. per dosen, o.auvo II to lu lbs. per dosen, u.slirlilni. 41 lli. lu r (las.n. ;""" w r . .- T. m '..7.-' .- . . ..-...- 7 lbs. per dosen. 13 vai's.uu. uo. no, if,iiv& lbs! per doxen. 2 5u2.7Il. dark.' I2.2382.73l small and Ns. 3. UUoOll-23. FRESH FRUITS nlrnbl slock was In fair request and BenT earby, srrlnv. lUUJUc ,'hlte. welshiiuz li to 12 Utf3,T(l wlille, wtlshlnj sn. II ilDOp.Sli: wblte. oi.n. fa.7304.lil) do. do. .rally Heidy, as f'dlows: Apples. I)lawar4t and ItSnTlfikU. ver lismiwr Kansy, ItOljeSt fair IO B04Mls SsiUtislQ. iflWIMi f"..vViV Wft I ltC- apples: Wf "rate. Vlurfda. llMS. Veaehes. Vlr SlnUiSr carrWr-Biberta. Jl.rioea.tin, h,ilt. $1 RO2 50: Carmen. itAl.SQ: Mountain Rose. I1.2A1 75 Pears. North OaroIQia, per bbl.. 1303. Grapes. North Carolina Dataware. p,r crate ll.I3fil.30. Watermelons, southern, per car. I100O223. VEGEl'ABLES The general market was flillet Important chanse. QUOtsttolts' Wl l- .. , ,.... t.. .jsi i vTBsiiarn unum i rha.i.m Shore. II1S3. No. 1 Nortlk. 120 2 23. No. 2 Norfolk. ii . vi a No. 2 Norfolk. No. ey. ket. nSVI! and East-rn, trsey. per . natkei, nn a 4orth CargllnS ? ? ,y. bet basket 7V8 ft One nd nilthntit bite cotattKS, 3a ID. Nn hits uolsloVs. a wee l tHilAln... Hhorb tiee bbl -n. 7H0H Oi '-:i Jer da. l'Minsylvsnla twr fWV fi,WtmJZZ: Kf IS'at E? IJtf 3.23- (li Sales in Philndctpliia tthh, 1',(l .Ills st 0.14 not). M1 flH li 80 Am ill Hh tifiAT iidv.' inu iiam JiwWi M lirill.1 On In O.-liit flt'el. 17 Who Utof.. 8.7 KflU .,,.1 lui) licit Ai) I. In dn iirpf. 1 t A M nf Cflft IhI M M a 4(114 1 keiino fjiin rth 100 l,lt Hup Orl) 10V, SI I.cli NnV ,, 7iiV' AO l,ch Vnl . . n SS fi V 'ft- if mi 10 M.&riiuyiK .IS1!. col 1'cnnn H 11 HSU " I'lillft Co.. 40 so tio em if 4ft m riiiin r.ted s4, 400 riiitn ltT. not, 1720 ilo tr ctfs 2014 11 I'lilln Trno 70 lis ltmtlnit ..tn.iVi 1(10 tto iiil i( 1M4 loo Toll IVI.. IU .', .11 K Hi H not 31J. flOnft 0 9V1 to mi'. isn Rt) 434 6i. 40 Id any. 2011, 20 10 101 4.1,4 IV, Nt Closei Chfti DO". hi 7HH 4'fi Mi mi st ft?V. aiw fimjg o toy, (in loV, no any, nil. u 40 40 a!4 u 20i 7(i 20 ,.... 70 ..... 10,1 M H 4.1H 4VI all. H illll lllll '. M l IMI. H 1.10 T0II Mill . 3 9-1(1 SI'IB n 11-1(1 .... .ill tin Tictfi. i 4!, 4114 !4 10.1 tl (1 I ... 441h 1411 44l 11 l tin fus N.113I ai sl'Jl fitx tl H Httrl luift oil nt 04 2no Wllija Ov" Itioi JilH -ttlift "i 113 Cramp & H mi ia 19 1 Tnlnl sites 23(11 shnres clutc. - W . , 111, 1 fin tlmrrs. (timiinlfit Willi n.i .iinniinr. IIONIIS. Illiih. T.ocr. Clnse. JI200 A n&V. Br 04 III 1)1 loot) 1i.VoHiK.10M4 lnlll 1011s moo 1. V rii is. no oo ml u s l'liCf I'is.lnivi ion, iouj loot) l'liili'o e r.s 7 R7 hi 33000 l'llll 111 fl Ri WW, Hill moo do tiM . in Hi lii l1 I in iy, 11)01) Kil-Alill oniony. UltVi iotw S'.mmio Uity InvCn mm, au',4 iiDM. Tnlpl llf. hint Atnnilni. 1110,200, rmiipnreil 14 with SM.IOO LOCAL MINING STOCKS TO.NOl'AU 8TOCK0. .Tim nutter Mai'Nninnrii Mlilwny .............. Mini. nil llxtpiisliiil .... Inntnnii ., Norriern Wlnr ........ Tonopnh Itelmont .... Tnnnlinh ll.tidslon .... Tonnpnh Minims ...... llcpi'iip Hul.1 S. ........ West Klid lll.t. 1 1...... 1 1 .Hti Ill IH k. ....... l' i......... .21 :::::::::: ijf I. ........ (I1? ..i. .21 ii,.,..., .77 ............ .......... aui.uriiit.D stocks, Atlanta ............... Hue Hull .. llnnth llulldoz U () 1) ...ii,!..... fnniltitiatlnn t'rurtlon .... ,..,..,. limine ii ii ,... Daisy ,... FlorencR .,.... iloldiicld run ... (laldOeld Merger ...........I,. Jumlxi nxtinslotl .............. Kewnnns , Oro Si ml Ken ..............., Sthcr rick , MISCni.t.ANKOUS, Arizona United NeruiH lllll Nnndu Wnllilcr Tccopa Mining .10 ,IU .12 .III ,11.1 .111 .112 .nn t2 .(II .r.n .in .nt .113 .13 .an ,i.i 2,111 .10 Asl(Fi), .si :SII .211 .211 24 BI) .11 ,11.1 .It .112 .01 .07 ,11.1 .01 ,1111 .SI ,1111 .12 .11.1 ,1111 .10 .10 ,'JII 2.1.1 .11 Sugar Prices Uncltantjctl NHW VOItlv, Alls. 28. I'Tno ernntllnlcil In mill (Hinted nt 7c nml 7.26c. Tlio Inst Palo in iiot Cuba ruwn wn.i uncliatigcd at 5.70c BAU SILVEU In New York commercial li.ir silver wnu quoted lodny nt CCJe, nn advance of !. llnr hllvcr totlny was quoteil In London at 31 11-100, nn ndvanco of 3-1C. D.A. 6 PUBLIC SERVICE SECURITIES' Public Service Securities are linlcad with tlic success of municipalities. Or necessity the success of public serv ice companies is predicated upon the growth, of the communities they serve, and if efficiently managed, are assured a stability of income and increment in earnings that make their securities worth-while high-grade investments. We specialize in the securities of Pitt ite Service Corporations, and at the present writing have several excellent examples that yield a very high return, security considered. We will he pleased to present details for your consideration. Barken Ayliig 6. 'fovirvg Land Title Dlrfg. Philadelphia. Carefully selected securities, of proved morit. Send tor Circular. R1ELLOR & PETRY ,.,. New tori Block Eidiants Mfnilirr.f ,.,,!!. ,,,), hIfiBiiM 336 COMMERCIAL TRUST QLDO. 18 SOUTH BROAD STREET INVEST IN MORTGAGES AT 5.4 Rueommonded by . BEN T. WELCH 132S Chestnut St. Frazier &- Gx INVESTMENT BANKERS Uroad and Sansom Sis. vnriTED Nashville Gas & H. 5s REED A. MORGAN & CO. VI:st l:S TKUHT llUKl,, I'llllA, llruilxrs of the l'hlla. hlofk KtrhsnM IIIVIIIHMI .MITIL'RH 1IIK AIIKIIICAN UAH ClUllMNK 101 IIAltlCKT HTltKbT OAJIIIEN. N.J. ., .. Auut ID. 10)0, A auartsrls alvldna of 294. or ifJ.Ull ljr uar. has Uen dclaird on the capital lurl: ol this Cutilpuhy. patsbls Utolrliilifr 1st ,11'ln. tn I lis Jto.Uholil ol .fird nt llirw;, n'llwk, p, tn. 'uausl IBlh. 1910 Ch!k tolll b. lualled. J, II. TtlWNSEMU 3d. Trssnrr. 'KB UtATli HJf I I.MlAI..AnV!2IlTl,KMKNTH O1 aiAKV T. I'AIIKK'. UH. tfi.k.,1 -. (.llurs tf,l.ltl.nlllv nn Ih. above sstati. Iiftlna Un nrantsd to th und.f sIKUed. all ixrsons iud'-uUti tu His skid t.tats ar reauvsted to nulw ,tumtnl. nnd thnso nsi ddlar. tornsr, l(uj claim to trss.hjt ill ii . 10 ii.L.iinibu rAiiivvi. AfctlSitT T. UAlIEHLfi. m'll Conimoiiiv.auti IIIJs, urns, without or tn uis at- JIIrtKCTOUV0f. CrrtlHul T'ulilii ACOtHlMTANTw Arroiintaiits Idla KtiM ,yitisN',is..te KM UftWYJ ! CO., TATB TlltlrtT IHMI.tilKa (19. VlfslolA, Cr Ut, ncris. AUVKUTISKH has control 4-iio.lts and, tijleuud rarlluK twtaih and alum L.lus (urwsi). . .luicstUldt Address C 10, LKIUU el Jlliural lutlUd. ovncu lirotsK. lue , WjrmllMll BASTBOtJKD FREIGHT MOVEMENT HAMPERED BY SMAjL CAR'SlTPPLt Railroads Hard Prefl.qed i!6r Adequate KqtKpitieilfc to MeeS Shipping Conditions Western Money Market Quiot Stock Trading Small Here ' " Ml., Il I . nrllcffltl n( rnltfniuln niismtlrtit MlhlivfSfil klnhss. tfnllod f!lnlk fjlssl M",rtimftn KS hoin the riiost Activft ieu. uui 111a dciiv lly vts nt lli CKittiind ot tlio Klc, Mrid l-dloM Hie nii'iilna; (siflri wrt tbrauith lltfl hlriclt hnd I'mt tiaity iiii coiiiynrt Wllh riAI'JitlAJi'cj etfi6, , . vum tst n ticcrtlt n( hbte U1.1H htimt In Him pflcn of Imlilwln, Of the IomI mutt I'lillAilelpiilA hrtiilil Trnnslt l Mist erlin tntcs cl.biTdt llio KfMIMl ncllvliy, rnovlns tin n irndiion, cfo.iinf( so, in tut nona from C'lilrnen hint HI. LotilA stale Hint tl.e ciutitnund frblnht ftltiihlloii I'ns Mietvn rm msleilsl tiinne rtuHmt tlift lnit utcX, hi limdcuunl inilinly ot cnffl lillfirf (lit inict InltiaMatit nlincrlt lo cor.Uf.il w'llt, 'riie runtls his nil hanl )Kinil for ftilen.iitft ctlUli'inint to rnoel uliliuiliiu ltiUlrtn.nK Tim tvf-M'boiithi mnv(ihont linn htso aliowtt no change. Cneral Inlslneda ttirnllRtiritit Hm territory covered by thfie rodtls rc innliis In an f.u finely lic.illhy eaiidlitdn, Oniolnlrt of Kutil'trn tttnds fay Hint trAffle li lioldltiR- un lo ihr fdrmsr leMl of between S nnd 10 ner cent, over n year nito, Tlid wsntern inoiity mnilitt rcmrtlnB unlet, wltli iidthlnit tr, ill.ilurb llic cnFlnerH in rntts t6 nminrciit for nevcfdl vel5j, DeiHisltn nt tho lnrter linhtts nre tlinith t fitcaity Incrcnso, nnd lmiiker.1 do not cx Hciil lo fepo tiny iiintvrlnl litirrteiilnp; In mtea ot dlsL'titint Under lircppnt Conditions. liitiulrled for lontin nro ot a moderntb nnldr ntnl (Ik eiisleiii.iry retiuti far he commotlnt Inn nt llio rtnp liarvrst period nr rxliectcd to bo irnntllii; thin venr. Kvl tlsiirn of 'till fnct nmy Im fniind In Hie hotiiiwrntlvfly ntinitnnl illhiinlillon of coltn' try bnnk bninnces nt the Intncr ccnlcrs. Jndtirtrlul nnd mitiiufdcturlne lines do not feel Mid necessity of borrowing, but bivo sulllc'lont fundft In the Imttledlnto ld tttrtiti In their liu:tiii'.i for cnrryliirf oil ODernllotm. 11 Is necoBsnry only lo nienPiiro the. eltu.Mlon by the vast ntnount of c)c liorlit from nil over Hm oountry, tofrellier ullli the Inlltix of Rold from abroad, to da tprinlno satisfactorily wny money sboUld ba low. Utiftlners on Hie riillndcliihln Htoclt Fix. clinhBC today va8 Unlit nnd iirlce inovo inents were either to lower levela or wi clmnged, except In a few Ecuttered ln itlvlfilml Ilierfl wnn srtnirt ndltvllv In I'hll.l. del I'b I A Kltclrld in, ntftrly ? .11,0 00 tlifthRltiB hnmls nt Hit somo pfleo as the last urtvluus sale. 1110 INCIIKAaM IN LOCAL LOANS urn tn 1 an m sxj, Totnl for Tills Week ?1,239,000 Mote TJinii Las(-.urplus Orcfltdi alio oilistnniilhs; fenture of lbs l'lillrtdel p)il, tittntt tlflUir.mit for tlio wttk was An ln!rNts4 of 11, if a.OOtf In lonn, ns compared Willi tlio previous H'pf.lt, Individual do imsltN deeirnsiid J,2:?,00O and b&nK t) po'sitfl lucrenved f 1,62,400. Tlio surplus increased $D1M00 tu t.1l,3lO,U09. fllhll follOWl DWerenrw . . Drer. weei Av?i s?i.lnl. .Inereasi i.liii,47n,nii) Loans ..,(.. ... 1. iii,.in,wi" Deposits llil.. ........ 4ll,HTllilO0 circulation, ....ii ii, II J, (mil Duo from Imtiks. ...... n:i,iiti,nni) f.ditn. iinnn.iis or nnns. ...... m. I'l.iMril Hnuss..,. 1 jt.rrs iipi.l. .......... Ifis, iicssrvs rrnuired......! Mtlrnhis ............... fl surplus Aimiist, J!0,..10lnY was ntMnhr 1. illla, J I (t. 4 ST, noil 1 10is, tS.T.'iO.UOOl August 28. lull. Decrease. Ins.SOT.niMJ i4.inniiiDii 1)1,8111,000 11(10 ,82it)0ll mm i,ns2.(ino 1,11111,0011 l.noi.nnd 4j(t, mm liln.imn Alisnsl I'd, IT.JlIiCOO, Closed Issue City Light & Water Company One Year 6 Secured Gold Notes llnleil Sehtehibtr 1, 1010 . Hue Keplemher 1, 1017 Authorized and Outstanding $250,000 Callable at lOOJji and Interest on 30 days' tiotica , Guarantee Trii9t Company of New York, Truotse $250,000 Notes secured by deposit of $400,000 (entire Issue) First MorC' gage Donds. Tho Pennsylvania Slnto Tax and the Maryland State Tax will be Unfunded Onuminlly Rtronn; features of tllla Noto lastio: 1. A rinsed llrst lien nn entire properly through ittrdge of nil outstanding' hniiils. X. Ciilnimiiy ilues li rntlro Hertrlc nnil ivnter huslness nf AtnnrlllO, Tons, Hlthuut rnniiirlltlon nnd under long-term franchises. Amnrlllo Is the ill.lrlliiltllKC tiulnt for nil Itiihielise territory nnd n substantial srow liicr rltv. . Itenlneriiient tnluC nf Hie lirotirrlv Is MOltl? THAN T1VICH Hie note talus, No additional hands rnh lio Issued until tho notes have been paid. The earning are over four ttmas all interest charges. l'rneeeils from the sale dt these Notes will retire a similar Issue fnatUflhe September 1, 1010. Tlir fnmpnny Iln. the nnernHne xnerlenre nnd financial linrklnr of Hie C1TII1S 813HVICI: CO.IIl'.VNV, which hits S3i,1D0,J3B Preferred Atnelt srllliis; nt SU, and 17,.117,fl01 Unmnion Rtoeli selling; nt 200, ens of the Intgrst puhllo 11111111- holding; eomiinnles In tho country, which owns His City Light nnd M'nter Cmnpnny stock. Investigation as a Basis ot Purchase and Recommendation Our purclinso of these N'otcd and the Information hero given Is basod upon the following: A natlsfnctory report on tho Company made for Us by the J. 1, WIUTR EN OIN'llnillNO Oohl'dltATION, after a thorough examination of Itu property and accou ntfl. , " . ThdrouKh Invcstlcntloti by our counsel, iikniiy rin-nit tioniN'n ASM I-nri'lllt. of nil lesjnl ninttem pertainlnir, to the Company nnd this Note Issue, commencing with the Incorporation of tho Company and ending with the In denturo scouring thcae Notes'. A careful study made by ourselves! of the Company nnd Its affairs, and con etderatlon of tho merits of this lN'oto I.suo ns an Investment. IS Months Ending July 31st 1916 Gross Earnings , , $145,287.98 Operating Expenses 78,031.17 Net Earnings , 7107,256,81 Int. Charges on the First Mtge. Notes . 15,000.00 Surplus , $52,256.81 Interest Charges Earned...,...... 4.48 times a. 4. s. o. 7. 1915 $128,871.67 t 74,267.78 154303.89 n 15,000.00 $39,603.89 3.64 times BROOKE, STOKES & CO. 120 BROADWAY New York Members Philadelphia Stock Exchange Fifteenth and Walnut Streets Philadelphia CALVERT BUILDING Baltimore OITrred nt 100 and Interest, nubjeei to prlnr sale or aitrnncri. As the Ibsjio lino all been sold, tho advertisement Is a mutter of record only, . J REORGANIZATION Wabash Pittsburgh Terminal Railway Company The properties of the Terminal Company offered for sale under the foreclosure decree of August IS. 1916, having been struck off to bidders in the interest, of the Reorganization Plan of June 25, 1915, It is intended ns soon as practicable after the confirmation of the sale nnd the delivery of deeds for the prop erty purchased to put the new Company into possession, and thereafter to distribute the new securities to holders of certificates of deposit who have complied with all of the requirements of the Plnii. The Reorganization Committee desires that the fullest oppor tunity be given all holders of First Mortgage Donds to participate alike in the benefits of the Plan. Accordingly holders of cer tificates of deposit for First Mortgage Bonus Issued under or subject to the Plan, In respect of which no payment has been heretofore made under the Plan, will be permitted to make pay ment of $310. for each $1,000 of First Mortgage Bonds repre sented thereby until the close of business on September 6, 1910. The penalty of $10. per each 51,000 of bonds Is intended to rep resent interest on the payments required under the Plan. Holders of undenoslled First Mortgage Bonds may deposit the same under the Plan, receiving certificates of deposit therefor until the close of business on September 6, 1916, but only upon making payment at the time of such deposit of $310, for each $1,000 of First Mortgage Bonds. The holders of the few certificates of deposit outstanding bear lug notation showing the payment of some, but not all of the In stalments payable in respect of lite bonds represented thereby, may, until the close of business on September 6, 1916, make pay ment of such unpaid Instalments, but only upon payment of a . Eenalty of $2.50 in respect of each $1,000 of Bonds represented y such certificates of deposit. Under the arrangements mtfde with the underwriting syndi cate, said syndicate will supply such part of tha cash require mertts set forth In the Plan as shall not be furnished by holders of certificates of deposit and will receive therefor the new securi ties offered to bondholders under the Plan and not taken ftnd paid for by them. Before the consummation of the Plan It will be necessary to obtain from said syndicate the cash It is obligated to supply and to deliver to it the new securities to which It will thereby become entitled. Thereafter it will be Impossible on any terms to receive further deposits of First Mortgage Bonds or to permit holders-of certificates of deposit to mako payments under the Plan, Under the Plan only holders ot certificates of deposit Issued thereunder or subject thereto bearing notation showing payment Jn full of all amounts required by tho Plan, nro entitled to receive, new securltles'undrr the Plan or to obtain tiny rights or benefits thereunder. The feUutc to pay In full all amounts required by the Plan within the period Hed shall forfeit all rights and interests of such defaulting holder of a certificate of deposit In the bonds or certificu-.cn represented by his certificate of deposit or the avails thereof nJ in all previous insttlnatntg paid. All payments and cj:p'iits mutt be made to aniTwith Central Trust Company of Nr York, the Depositary under the Plan, at its office. 54 Wall Street. New Yt)rk City. Dated, New York, August 21, 1916. J. N. WALLACE, Chairman, CLARENCE L. IIARpER, UVJXVJ 30RDON ABBOTT. 11AKKX UKOHNEK. IAS. C. CHAPLIN, ilAl-liX iSXIS, Reorganization Committee. WM. R. NICHOLSON, MllitlAKU tJUIKU. MEIC8 II. WHAPLE8, ASA S, WING. sA i i A 7v(is ouji .